A historic Gilded Age mansion at 973 Fifth Avenue in New York City has found a buyer after multiple price reductions totaling $30 million. Initially listed in 2021 for $80 million, the 16,000-square-foot limestone estate was last offered at $49.9 million before going under contract.
Designed by renowned architect Stanford White, this Italian Renaissance palazzo-style townhouse is among the few remaining single-family homes of its kind. The seven-floor residence features 11 bedrooms, 10 bathrooms, and offers panoramic views of Central Park and the Metropolitan Museum of Art. A recent multiyear restoration preserved its historical elements—such as a grand limestone staircase with a wrought-iron railing, original French stained-glass windows, and nine wood-burning fireplaces—while integrating modern amenities like an elevator, individual HVAC zones for each room, humidification systems with HEPA filters, and a water purification system.
Additional highlights include double grand parlors, formal dining and reception salons, five kitchens, a wood-paneled library, a climate-controlled wine cellar, a hammam steam room, a jewelry vault, cedar closets, and a private courtyard with a separate entry. The property also boasts a rooftop terrace with a landscaped garden, offering views of the Manhattan skyline and Central Park.
The mansion is owned by former Goldman Sachs partner David Leuschen, who purchased it for $42 million in 2012. The final sale price and the buyer’s identity have not been disclosed.
